US shale exploration has resulted in the increased supply of LPG, which is of keen interest to Niki Cutts, who has taken an interest in more environmental forms of energy for years. This
surge resulted in an 8% increase in US production in 2012 and 4% in the Middle
East, typically from gas processing plants. Largest increases in consumption were
in the Asia Pacific region, fueled by increased economic activity and
population growth. Conversely in mature markets such as Europe, there was a
drop in demand arising from economic stagnation.
However, supply is exceeding demand. As new production
facilities are opened around the world, this situation will become more
apparent. It is for the industry to ensure that LPG is used in its widest
applications.
Niki Cutts was a co-author for an energy management report for the Financial Times and has been developing a career in energy ever since.
Niki Cutts was a co-author for an energy management report for the Financial Times and has been developing a career in energy ever since.
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